Let me tell you what I am seeing trouble with APPLE right at this minutes.
1. PC sell down.
2. Notebook sell down.
3. iPad3 not exciting the market as it was. iPad2 was wowing the market because it change and add the biggest thing was "WEBCAM".
Now, iPad3 can't even move the way it is at we speak out in the market.
Now, many of you may think "this guy is full of it". Guys, I am in this business.
Just like the other day INTEL EARNING. I said SELL and SHORT right away for EARNING dive. Someone blah blah gave me report from GARNER or whatever it was PC sale jump 1.9%. :) lol. It dropped 7% ...
Apple may not showed a big drop but I can tell you PC / Notebook will showed the drop no matter what. They may be lucky to open up more business oversea, problem is oversea now is very very very DEAD!!!
If Aapl disappoints next week, we will likely get the steep drop that you VXX bulls have been looking for. Then, Bernanke will suggest QE3 or another operation twist back on!
I will lose money with a steep decline, but will allow me to dress up my portfolio with some new positions that I have been watching. So, if we have a pullback, I could live with it. Just hope it is short lived.